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Board of Directors

responsibilities of the board of directors include, but are not limited to:

  • Function as trustees for members in safeguarding their assets in the cooperative

  • Determine objectives and general policies

  • Adopt long-range plans

  • Employ a competent manager

  • Preserve the cooperative character of the organization

  • Require accurate accounts and records

  • Appoint an outside auditing firm

  • Control the total operation

  • Distribute the cooperative’s net income

  • Approve distribution of equities

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